Brookshire Grocery Co. (“BGC”) today announced an agreement whereby Walgreens will acquire BGC’s 120 pharmacies in Texas, Louisiana and Arkansas, which includes pharmacy customer prescription files and related pharmacy inventory. The vast majority of these locations are being converted to Walgreens pharmacies that will operate inside of BGC’s stores.

“We are excited to take this next step with Walgreens to strengthen our pharmacies and further our commitment to our employee-partners and...